European Commission Approves New Standard Contractual Clauses for Transfer of European Personal Data
By EsqSocial Corporation 07/06/21
Earlier today, the European Commission approved and adopted a new version of the Standard Contractual Clauses (SCCs) that revises how data may be transferred by including additional privacy and legal safeguards. The remodeled approach is designed to provide companies with a means to more securely transfer data out of the European Economic Area (EEA). Companies worldwide have been looking forward to the new SCCs as thousands of businesses rely upon the SCCs for their daily operations, such as by...
By: Foley & Lardner LLP